Global Frozen Food Market Poised for Steady Growth in the Future

Frozen food involves basic food chemistry under which food is conserved by a freezing process and kept in a freezer before cooking.  Frozen food can be of various types such as ready meals, meat & poultry, vegetables & fruits, soup, sea food and others. Frozen food category offers a greater variety along with better availability of food available all year round. Frozen food offers better stock control, overcome the problem of seasonality and offers longer shelf life which allows advanced purchase and longer term storage. Compared to the fresh food, frozen products contain maximum vitamins and minerals as freezing preserves the products for extended periods without any preservatives and discourages the microbial growth that causes food spoilage.
With changing lifestyle and evolving dietary pattern, convenience food plays an important role in defining the consumers’ food choices in the modern world. The trend of consumption of convenience food began in western world and spread to other regions rapidly. Looking at the economic development at global level and specifically for BRIC countries, the increasing purchasing power of consumers, convenience trends are likely to remain significant. The increasing consumption of convenience food is driven by this desire to create more leisure time which means that consumers like to maximize their free time along with their disposable income and spend more time doing the things they value more. The frozen food is considered convenient as there is no need to put in efforts in washing, or in case of frozen fruits & vegetable which doesn’t require peeling and cutting.
The Global market for Frozen Food – by region has witnessed continued demand during the last few years and is projected to grow at a CAGR of 4.81% by 2023 in terms of value.

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Global Frozen Food Market is dominated by Europe, with registering a CAGR of 4.03%. However, Asia Pacific region is estimated to grow at a high pace of 4.81% during the forecast period of 2017-20323.Frozen food are readily available and offers diverse selection to the consumers as they come in multiple brands. Frozen food are commercially available throughout the year, hence overcomes the problem of seasonal shortages and addressing the problem of food security. Fresh fruits & vegetables pose the challenges in form of seasonality and wastage affecting the supply chain efficiency. Frozen fruits and vegetables overcome these challenges countries with shortage of fresh fruits and vegetables, frozen and packed fruit and vegetables is in huge demand. Also, freezing preserves food with no unwanted additives. Fresh fruits and vegetables are wasted due to its natural deterioration process, and low grade storage process. However, frozen fruits and vegetables can be preserved for longer period of time and extended shelf-life.

Through this report Market Research future aims to provide understanding of the Frozen Food Market and assists identification of ongoing trends along with anticipated growth in the coming years. For this research extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted from both supply side and demand side of Global Frozen Food market. The supply side industry experts consisted of CEOs, Directors, Marketing Managers, Sales Mangers, R&D Specialists, Country Manager, and Regional Managers of Frozen Food companies, Retailers, and Distributors amongst others.

List of Table

  • PESTLE ANALYSIS-india
  • PESTLE ANALYSIS- China
  • PESTLE ANALYSIS- u.s.
  • PESTLE ANALYSIS- germany
  • global Frozen food Market, By region (2010-2016), USD bN
  • global frozen food Market, By region (2017-2023), USD bn

List of Figures

  • VALUE CHAIN ANALYSIS of global frozen food Market
  • Supply CHAIN ANALYSIS OF global frozen food MARKET
  • Porter’s 5 Forces Analysis of global frozen Food market
  • global Frozen food Market, by Region

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We are thankful for the support and assistance from “Global Frozen Food Market Value, By End User- Forecast to 2023chain related technical experts and marketing experts during Research Team survey and interviews.

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